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GSS OFFICE SUPPLIES Georgetown Secretarial Services GEORGETOWN 45 Main SI N ACTON Ontario the HERALD Home Newspaper of Halton Hills Established 1866 FREE DISTRIBUTION WEDNESDAY DECEMBER 20th 1989 PAGES Smith and Stone is up for sale In search of egg nog The Egg Nog- Jog Sunday took runners on an 11 km route around Terra Cotta In subzero temperatures John GUI picture Page 20 was the winner for the second year in a row arrhing at the Terra Conservation Area finish line after minutes The winner In the women category Is Victoria Sey who ran for about 49 minutes Here iunners are beginning to feel the bite of the chlllv air BBENDlMMETT the Herald Smith and Stone in Georgetow r is up for sale The electrical devices manufac on Glen Road needs a new owner to expand sajs the vice president of finances for Hammond Manufacturing the s current owner It Smith and Stone and its sister compan Paulding Products in Forest North Carolina has never lived up to our expectations a new owner will be able to do more with it John Anderson said Smith and Stone is a good name We re not selling it because Us products are Inferior he said Hammond Industries which is based in Guelph recently put Smith and Stone up for sale after a couple of companies indicated their interest In purchasing the two companies said Mr Anderson Smith and Stone manufactures a host of electrical devices common to most homes including plugs and switches George the president of Smith and Stone said he t know what will happen to the com party employees and ex ecutives or whether the plant will stay in Georgetown once the com pany is sold It depends on the new owner s wants and needs Mr McPhee said Neither Mr McPhee nor Mr Anderson would say what com panics are interested in buying Smith and Stone But they both predicted it probably will be sold within the first six months of 1990 The union president for the workers at Smith and Stone John Doherty said he hopes the com is sold as an ongoing business and remains in its current location But he also said there are no guarantees Mr Doherty is the union president of Local of the Canadian Auto Worker Union CAW The workers main concern is that if the company that buys Smith and Stone already has land and a budding it s likely the com pany will be moved to that loca said Mr This could mean a number of our people could be thrown out of work depending on the location of the new plant Mr Doherty said although the company is for sale Hammond will still own the land and building Mr said that if the pro spective buyer wanted to buy the land and building along with the company they could be sold Mr Anderson said the company experienced a period of financial hardship following the strike in Continued an Page